Jordanian dinar

The Jordanian dinar continued to be used in the West Bank along with Israeli currency after Israel took control of it in 1967. During Israel's hyperinflation in the 1970s and 1980s, the Jordanian currency provided stability.

History

From 1927 to 1950, the Palestine Currency Board issued the Palestine pound as the official currency in both Palestine and the Trans-Jordan Emirate. After Jordan became an independent kingdom on 25 May 1946, the idea of issuing a national currency arose and led to the passing of the Provisional Act No. 35 of 1949. Under this Act, the Jordan Currency Board was formed, which became the sole authority entitled to issue Jordanian currency in the kingdom. The London-based entity consisted of a president and four members. As of 1 July 1950, the Jordanian dinar became the kingdom’s official currency, and use of the Palestine pound ceased in the kingdom on 30 September 1950. Although issued by the Jordan Currency Board, the notes bear the name of The Hashemite Kingdom of the Jordan.

Jordanian dinar

The Jordanian dinar continued to be used in the West Bank along with Israeli currency after Israel took control of it in 1967. During Israel's hyperinflation in the 1970s and 1980s, the Jordanian currency provided stability.

History

From 1927 to 1950, the Palestine Currency Board issued the Palestine pound as the official currency in both Palestine and the Trans-Jordan Emirate. After Jordan became an independent kingdom on 25 May 1946, the idea of issuing a national currency arose and led to the passing of the Provisional Act No. 35 of 1949. Under this Act, the Jordan Currency Board was formed, which became the sole authority entitled to issue Jordanian currency in the kingdom. The London-based entity consisted of a president and four members. As of 1 July 1950, the Jordanian dinar became the kingdom’s official currency, and use of the Palestine pound ceased in the kingdom on 30 September 1950. Although issued by the Jordan Currency Board, the notes bear the name of The Hashemite Kingdom of the Jordan.

Latest News for: Jordanian money

Prosecutors accused the Jordanian man of threatening to kill, jail and deport his daughter as well as deprive her of pocket money...The daughter, a 29-year-old student, said that since January she was subjected to threats of death, jail, deportation and deprivation of money by her father....

Near the recently reopened border with Jordan, former Syrian rebel fighter Bahaa al-Masri sells date-filled pastries and sesame biscuits to Jordanians flocking across the frontier to snap up bargains ... Because money was tight, he joined a rebel group that paid him a monthly wage to fight ... "Most Jordanians come to shop and then go home," Ghandour says....

NASSIB - Near the recently reopened border with Jordan, former Syrian rebel fighter Bahaa al-Masri sells date-filled pastries and sesame biscuits to Jordanians flocking across the frontier to snap up bargains ... Because money was tight, he joined a rebel group that paid him a monthly wage to fight....

Police also charged a Lebanese administrative manager, 45, an Egyptian engineer, 59, and a Jordanian marketing manager, 45 ... Prosecutors also charged the Egyptian with taking Dh32.5m and the Jordanian with stealing Dh700,000. Much of the money is believed to have been spent on items including expensive cars with VIP registration plates....

Air Arabia, the Sharjah-based low-cost airline, aims to expand its fleet to more than 100 planes by 2025, from 60 today, as it increases its operations across the Middle East, Africa and Asia, its chief executive said ... “It was difficult to get traffic rights for a non-Jordanian airline so we decided not to do something that loses us money.” ... ....

Victims of violence in rural Jordan have told me that they do not want the perpetrator to face prison – but rather the truces, blood money payments, feasts and reconciliations of traditional Bedouin justice ... Connecting people But a new generation of Jordanian tribal leaders is making the most of the opportunities that social media can bring....

Gold and other valuable commodities, he added, were later sold in black markets in the Jordanian capital, Amman, via Saudi-linked businessmen and the money went to offshore accounts linked to the MKO... “We knew a few businessmen who could do this for us and move the money to offshore accounts.”....

funding of the United Nations aid program for Palestinian refugees, part of its determination to put its money where its policy is as it seeks a recalculation of U.S ... “Do they not care enough about Palestinians to go and give money to make sure these kids are taken care of?” ... “It just means we have less money to implement it.”....

Every few days, Tasiu Abdurrahman takes the money he makes from selling spices in Nigeria’s biggest northern city and buries it in his yard ...Less than 6 per cent of Nigerians use their handsets to transact using mobile money, compared with 73 per cent of Kenyans, where more than two-thirds of adults have a bank account, according to the World Bank....

Titled “Jordanian Expatriates in the Gulf ... “The cost of money transfers must be the main reason, as Jordanians rely on their social network to send money back to their home country,” Omet commented, adding that “the fact that unofficial remittances are not accounted prevents the Central Bank of Jordan from measuring the money supply accurately”....

"The decision - which covers all types of drivers - will help save money, time and effort, and give a boost to the smart conversion of the RAK police services." ... The decision has evoked an overwhelming response from the RAK residents, who say it will save them money, time and effort....